The Thorold Real Estate Market Update showing ups and downs in the statistics from March 2022 provided by Crystal Simons, Sales Representative, Revel Realty.
$846,529 Average Thorold Home Price
On the upside, at $846,529 the average sale price in Thorold in March is up 29 percent in a year-over-year comparison.
Listings Up in March
There were 67 listings in Thorold in March, which was up 16.3 percent in a year-over-year comparison.
Thorold Home Sales Down in March
With 35 sales in March, the number of houses sold in Thorold was down by 41.7% in the month-over-month trending.
The average days on the market for houses listed in Thorold was also down 36.4 percent in a year-over-year analysis. What does this update show us? Check out this advice from local realtor, Crystal Simons.
Sellers will continue to see strong prices for their homes and even though buyers are loosing a bit of buying power from the recent interest rate increase, they will start to see less competition and have a better chance with their purchases
Crystal Simons, Sales Representative, Revel Realty
The update is based on statistics from the MLS. If you have questions on local real estate, email Crystal